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South of 49: The Canadian Guide to Buying Residential Real Estate in the United States

South of 49    
Format Hardcover
Catalogue No. 978-0-470-16131-9
Pages 256
Language English only
Price on sale $22.95 (reduced from $36.95)
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Written by Philip McKernan, Dan Sampson and Mike Cunning.
Published by John Wiley Sons & Canada, Ltd., 2009.


Are you thinking about buying property in the United States? What has triggered your interest? Plans to retire and live in a Sunbelt state? Or perhaps you invest in Canadian real estate and are looking at the US market as a viable way to grow your portfolio.

In either case, you're not alone. Canadians are buying US properties at unprecedented rates. It's hard to turn your back on what appear to be deals of the century. But are they?

South of 49 is a step-by-step guide to purchasing real estate in the US. The authors - Philip McKernan, Dan Sampson and Mike Cunning - combine years of investment experience to provide the most comprehensive and authoritative book on the subject for the Canadian investor. They traveled to those US states that are the destination points for most Canadians. They met with realtors, lenders, property managers, and investors to collect expert insight into the do's and don'ts of buying property in the US. Here are just some of the things you'll learn about:
  • Setting up a game plan: what are your goals?
  • The differences between US and Canadian real estate law, financing and tax.
  • How to decide where to look for property.
  • How to evaluate property with potential for cash flow and equity growth.
  • How to set up a team of experts in the town where you want to buy.
  • Financing strategies.
  • Negotiating for and closing on a property.
Buying property in the US can pose all sorts of unexpected challenges and pitfalls. Rely on South of 49 to find a property that meets your budget, in an area where the economic fundamentals are strong and offer equity growth for the long term. And if you do plan to spend part of your retirement in the US, you may just find that your investment strategy and retirement strategy are mutually served by investing now and having the property pay for itself.

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This page last modified: April 19, 2011

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